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Wärtsilä to Supply the Engineering and Equipment to East Kentucky Power Cooperative for 217-MW Power Plant

LCG, August 27, 2025--Wärtsilä Energy announced yesterday an agreement with East Kentucky Power Cooperative (EKPC) to supply the engineering and equipment for a 217-MW power plant to be constructed in Liberty, Kentucky. The Wärtsilä equipment is scheduled for delivery in mid-2027, and the plant is expected to be commissioned in early 2028.

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TerraPower, Utah's Office of Energy Development, and Flagship Companies Sign MOU to Identify Sites for Advanced Nuclear Reactors

LCG, August 25, 2025--The Utah Office of Energy Development (OED), TerraPower and Flagship Companies announced today the signing of a Memorandum of Understanding (MOU) to explore the potential siting of a Natrium® nuclear reactor and energy storage plant in Utah. The MOU establishes a shared commitment to support advanced nuclear technologies to build Utah’s energy future and to prioritize reliability, economic growth and energy abundance.

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Industry News

Consumer Advocates Ask Iowa Regulators to Limit Interstate Rates

LCG, September 19, 2002-The OCA, Iowa's consumer advocate, has requested that electricity regulators lower annual rates by $22.4 million.

After inspecting financial information of Alliant Energy Corporation, parent to Interstate Power & Light Company, consumer advocates found that utility assets were used as the guarantee on $952 million borrowed by a separate Alliant Energy subsidiary.

The OCA has said that the holding company would have the capability of using Interstate Power & Light's capital to benefit shareholders by improving electricity rates for itself. The OCA believes that any benefits should be passed on to ratepayers, who financed asset purchases in the first place. Therefore, OCA has requested that Iowa regulators limit Interstate Power & Light's rates, as opposed to allowing the $82 million rate increase that the company requested previously.

Interstate Power & Light finds the logic requisite of a "leap," noting that ratepayers do not take investment risks like shareholders and that any revenue reduction would be seriously harmful to the utility.

A hearing has been planned for October 22.

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